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What is the yield-to-maturity of the bond

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Reference no: EM132418789

Problem: Anna wants to invest in a bond with an annual coupon rate of 10%, which is paid semi-annually. If that bond is selling for $900, currently, and has twenty (20) years until it matures, what is the yield-to-maturity of the bond? Please answer the following question.

Reference no: EM132418789

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